File Review Status
Updated 5/15/12, 10am |
|
Approx # of Files in Line for Comp Review |
367 |
Date Compliance Underwriters are Working |
Apr 27 |
News & Updates
Bulletin 2012-04
Launch of the MCC Tax Credit Program
Bulletin 2012-03
School Facility Fee Program (SFF) Applications Will No Longer Be Accepted
Bulletin 2012-02
California Homebuyer's Downpayment Assistance Program (CHDAP) Revisions
Bulletin 2011-30
California Homebuyer's Downpayment Assistance Program (CHDAP) Revisions
Bulletin 2011-29
Additional Requirement for CalHFA Annual Lender Recertification
Bulletin 2011-28
Borrower's Affidavit - Revised
Bulletin 2011-27
Borrower Occupancy Policy and Foreclosure Moratorium
Available Funds
CHDAP Funds Available
The California Homebuyer’s Downpayment Assistance Program (CHDAP) is a deferred payment, simple interest rate junior loan not to exceed 3% of the sales price or appraised value, whichever is less. The junior loan may be combined with a CalHFA or non-CalHFA conventional or government first mortgage loan.
(see full program handbook)
CHDAP FUNDS CURRENTLY AVAILABLE $87,779,343 Updated: 01/31/2012 |
- Balance indicated above excludes funded and current pipeline of CHDAP loans.
- This is an approximate balance and will be updated the second week of each month.
- Due to limitation of funding, reservations for CHDAP loans are on a first-come, first-served basis. CalHFA may receive additional funding in the future for this program, provided the State is in the position to sell the remainder of the bonds approved by the passage of Proposition 1C.
SFF Funds Available
SFF FUNDS CURRENTLY AVAILABLE The School Facility Fee Down Payment Assistance Program is no longer available, due to the allocation of all funding. The SFF program has been responsible for more than 14,000 grants, totaling more than $61 million in assistance for people purchasing newly constructed homes. Thank you to all our lending partners for helping make SFF a success. Updated: 04/10/2012 |
